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Are you taking up loans and buying bitcoin in order to perform a speculative attack on your fiat currency?
I took 2 loans (one of them at 0% interest) and bought Bitcoin, nothing huge. Tried to do a third but they wouldnt let me.
Abuse the fiat clown system to your advantage.
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Would love to hear your thoughts.
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Do we have a Remindme bot on SN? @k00b
I would like to answer to this when i get home.
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No not yet. I'll create a github issue.
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I imagine it won't be long before someone picks this up
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(ps im loving the image upload feature)
About to. On Monday.
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If I had nothing to lose, I’d risk it all 🤣
In all seriousness, the speculative attack is highly underrated now that there are ways to leverage bitcoin to borrow fiat in a somewhat safe way (ledn/unchained). But overextending is exactly what drives the bubble—and it’s all fun and games until the bubble pops.